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JELD-WEN Holding (JELD-WEN Holding) Return-on-Tangible-Equity : -42.22% (As of Dec. 2023)


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What is JELD-WEN Holding Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. JELD-WEN Holding's annualized net income for the quarter that ended in Dec. 2023 was $-139 Mil. JELD-WEN Holding's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $329 Mil. Therefore, JELD-WEN Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -42.22%.

The historical rank and industry rank for JELD-WEN Holding's Return-on-Tangible-Equity or its related term are showing as below:

JELD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -67.61   Med: 104.35   Max: 1059.01
Current: 25.85

During the past 11 years, JELD-WEN Holding's highest Return-on-Tangible-Equity was 1,059.01%. The lowest was -67.61%. And the median was 104.35%.

JELD's Return-on-Tangible-Equity is ranked better than
81.46% of 1602 companies
in the Construction industry
Industry Median: 7.82 vs JELD: 25.85

JELD-WEN Holding Return-on-Tangible-Equity Historical Data

The historical data trend for JELD-WEN Holding's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JELD-WEN Holding Return-on-Tangible-Equity Chart

JELD-WEN Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 235.43 174.61 34.08 23.56

JELD-WEN Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.24 41.62 86.04 60.34 -42.22

Competitive Comparison of JELD-WEN Holding's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, JELD-WEN Holding's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JELD-WEN Holding's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, JELD-WEN Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where JELD-WEN Holding's Return-on-Tangible-Equity falls into.



JELD-WEN Holding Return-on-Tangible-Equity Calculation

JELD-WEN Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=62.445/( (193.489+336.565 )/ 2 )
=62.445/265.027
=23.56 %

JELD-WEN Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-139.02/( (322.007+336.565)/ 2 )
=-139.02/329.286
=-42.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


JELD-WEN Holding  (NYSE:JELD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


JELD-WEN Holding Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of JELD-WEN Holding's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


JELD-WEN Holding (JELD-WEN Holding) Business Description

Traded in Other Exchanges
Address
2645 Silver Crescent Drive, Charlotte, NC, USA, 28273
JELD-WEN Holding Inc is engaged in door and window manufacturing. The company design, produce and distribute interior and exterior building product, offering a selection of doors, windows, walls, and related products. The products are used in the new construction of residential single and multi-family homes and non-residential buildings. The firm's operating segments are North America, Europe, and Australasia. It generates a majority of its revenue from North America.
Executives
Michael F Hilton director 28601 CLEMENS ROAD, WESTLAKE OH 44145
Wendy A. Livingston officer: EVP & CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
James S Hayes officer: EVP, GC & Corp Sec 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Timothy Craven officer: EVP, Human Resources JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202
John Krause officer: SVP & GM, NA 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Michael A Leon officer: SVP & Chief Accounting Officer SEALED AIR CORPORATION, 2415 CASCADE POINTE BLVD, CHARLOTTE NC 28208
Turtle Creek Asset Management Inc. 10 percent owner SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
David G Nord director UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kevin C Lilly officer: Interim CEO 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Julie C Albrecht officer: EVP & CFO ONE NORTH SECOND STREET, HARTSVILLE SC 29550
William Christensen officer: EVP & President, Europe 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Scott Vining officer: SVP & Chief Accounting Officer PARAGON FINANCIAL CORPORATION, 830-13 A1A NORTH, PONTE VEDRA BEACH FL 32082
Roderick Wendt director, other: Vice Chairman JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202